Review and Find Brokers That Do Not Suck

New to Trading? Your Broker Sucks? Or maybe you’re a victim of a Binary Options Scam?

ThatSucks.com team primary goal is to provide a safe environment for all traders, new or veteran, in which they can find honest unbiased reviews and information about different brokers. If you are already a victim of a Scam, the team will do anything they can to help to resolve your issues.

That Sucks is here to support the trader’s community; we invite you to join us in this quest by sharing your information and experiences with others, right here. We will help you get started by providing information about the Industry and different Brokers, but most importantly – helping you choose a Broker that DOESN’T Suck!

Strategies and Tools

Trend lines are the ultimate trading tool for trading. Do you know what they are? How about how to trade them for profit?...

How Do Brokers Scam?

The increasing growth of the highly profitable Trading markets becomes more and more attractive to traders, but being widely unregulated and relatively fresh makes the industry highly attractive to crooks and charlatans, or in other words – Binary Options Scam. The fact that regulators take measures to prevent schemes does not make the industry scam free. Professional crooks are out there, trying to fool naïve traders en mass, with flashy sites and big, empty promises. The list of crooks is certainly not limited to brokers; marketing professionals dressed as service providers are trying to sell you mind-blowing returns. They possess no less danger than the old-fashioned bucket shops, and together they are creating havoc among untrained traders.

Where is the Regulation?

Whether you are trading Binary Options, CFD or Cryptocurrencies, you need to pay attention to who you are dealing with. In other words: Is your broker regulated by a financial authority? Ideally, your broker should be regulated in their country of residence, as well as yours. There are plenty of regulated brokerages, so I don’t see why you would trade with a sketchy, unregulated one.

The main regulators across the globe are Cyprus Securities and Exchange Commission (CYSEC), British Financial Conduct Authority (FCA), Australian Securities And Investments Commission (ASIC) and in the U.S. there’s the Commodity Futures Trading Commission (CFTC) and Financial Industry Regulatory Authority (FINRA). Other notable local regulators are the French AMF, Italian CONSOB and Germany’s BAFIN. Check the links above before giving your money to an unregulated broker!

Should I Open an Account?

Online Trading is sometimes a simplified trading method that requires thinking and strategy, and could generate very high returns in a very short time. Our team is here to help you better understand the differences between unreliable and untrusted brokers by pointing out the dark side of the different brokers, so that everyone could choose the right broker for them.

We’re proud to be the first and ONLY objective Brokers community website, where we not only help you learn about trading but expose the scam-artists you need to stay away from. We’re proud to be copied by hundreds of fake websites who use our good reputation to fish potential clients, just as much as we’re ashamed of their poor judgment. They’re hunting clients using big words like scam or fraud, yet they’ll point naïve traders at all the wrong places. With your help, we’ve managed to review hundreds of brokers, signal services, autotraders, robots and other related products, and keep doing so. We’re sure that only together we can trade and enjoy trading safely!

Remember – Even the Best Brokers Suck Sometimes.

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44 Responses to “Home”

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James Caulfield

07/15/2018 13:14

ThatSucks is the best review site on brokers I saw. Great work.

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Nels

08/10/2017 09:44

Thank you for your reviews and such a good forums for research the subject. I had a lot tofind out and learn while reading your site, it’s helped me understand the market much more. At least now I have an idea of what to beware of and how to act in different situations, thank’s for site

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Stephen 529

07/29/2017 16:15

Great site so good to see all the education and reviews with the help of bots I’m confident of becoming a successful trading

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Alanson Charles

07/29/2016 16:14

Love the idea of BOT but still wary of scams. This school and group has done a lot to educate me and my son on the subject. We are trying the practice accounts until we get the hang of it.

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Eddie M.

07/22/2016 03:17

Thank your for your school. I’ve read all the pages. I’ve practiced many of your newbie strategies on High Low Australia’s demo. I would’ve lost my shirt. I realized that the platform prices are prices are off (higher) by 5-10 pips. I even checked Stock Pair and 24Option too see if High Low was a scam. But those platform’s prices are high (the same) too. Questions: 1. What on earth? 2. How can the candles on MT4 be adjusted to match (ha ha ha) ? Or more to the point, is there anyway to adjust to this difference? I was ITM on MT4 and OTM on the platform on several trades. Any suggestions? Thanks for any help!

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JacktheBean

07/12/2016 12:24

Thank you Binary Options that suck! been a follower for over a year now, gone through almost all articles in this amazing websites… thanks you guys !

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Bryan

05/07/2016 23:57

Thank you Thank you. I noticed how many blogs and youtube channels promote crappy signal providers. I came to the conclusion that they were all in it for referals and affiliate money. I found this blog and I saw how you have percieved it as well, I thought I was the only one. Thank you.

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john t

07/14/2015 17:16

You are the best! you just saved my life.

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Adina

05/26/2015 06:43

Hi I just wanted to say that this is a great article.

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BE WARNED

12/26/2014 21:34

Enjoy you posts keep them coming

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L.A.

12/06/2014 01:40

just getting started with BOTS and LOVE the site. easy to navigate, friendly & easy to understand.

I’m feeling overwhelmed with the school section as I want to study everything before getting started, but find with each lesson page there is what seems to be unlimited links with in the page and at the bottom of each page.

how do I keep track of what I’m studying?I seem to be getting lost in all the links…

thank you

L.A.

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Martin

12/07/2014 10:32

Hey LA! Thanks for your kind words.

We’re working on a brand new school section, would be much easier to follow and learn. Hold on mate, coming soon!

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Luder

09/23/2014 08:42

I read the article Does Gambling Have Something In Common With Trading Binary Options? by Michael Hodges just now.

I am a serious visitor of this site. Started BO an year ago. I lack extremely in one thing – disipline!!

I have given a long break!!

But continue to read all that’s put on this website.

Well.., this article by Hodges; man! got no words to say!!

I wanna be honest; whenever I see Hodges’ articles I was not so excited to read – I always feel it is hard to follow his concepts – Ive always felt they are beyond an averege joe’s understanding.

But this article is exraordinary; very simple. but a deep sense of trading is seen here. breaking down the smallest information, magnify it and present it in a very very beautiful way. My salute to Mr. Michael Hodges.

It was very interesting; continue to write and encourage newbies like me.

RegardsLuder

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Hippo

09/14/2014 02:03

(SUCCESS IS THE PERSON WHO IS PROGRESSIVELY REALISING A WORTHY Ideal)

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Hippo

09/13/2014 22:23

So you want to be a Trader?

1.Are you consistently following you trading plan?2. Have you got a Trading journal?3.Do you practice proper risk management?4.Do you trade according to what the market is doing (NOT) WHAT YOU THINK IT SHOULD BE DOING.5. Do you only take trades which give you a reward which clearly outweighs your risk?6.Do you find other things to do besides watching your trades when they are live?7.Do you try to trade with the dominant daily trend as much as possible?8.Instead of over trading are you patient and let trading opportunities present themselves to you?9.Do you invest in your trading education?10. Are you happy to take profit and not be greedy?Tree strikes and you are out, Dont turn three losing trades into six in a row.

11. DON’T FRET ABOUT A MISSED OPPORTUNITY…….THERE IS ANOTHER ONE JUST ROUND THE CORNER……….INFACT SEVERAL JUST HAPPENED WHILE YOU WERE READING THIS.

STILL WANT TO BE A PROFESSIONAL TRADER!??

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Diego Acosta (Peru)

09/12/2014 10:11

I’m loving your website.

I finally feel like I’m reading someone honest and with my same mindset towards making money (and even communicating how to do it)

Awesome site! Keep up the good work!

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frank

07/30/2014 05:20

Dear support at options that suck.Thankyou for your great site and assistance …

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Mark

04/19/2014 01:26

Hello again, my first response may have been a bit harsh but I think you guys are providing a great service. I thank u and only wish I had found u sooner as well. Keep up the great work! Mark H.

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Tracy

04/09/2014 19:14

It’s so good to find a forum that speaks the truth about the binary market. Trading in the U.S. has become a hassle. After 24 Options left the market here, I bounced around from brokerage company to brokerage company. I understand what some of you mean when you say it’s next to impossible to get a withdrawal from some of these companies. My biggest complaint about the companies you can trust to pay you here in the U.S. market is that they are screwing you on your expiry times making it hard to find an expiry for15 minutes. Unless you are willing to play EUR/USD. If you are not very experienced I would advise you not to try and play this pair. The brokerage companies know that it’s very volatile and hard to play that’s why they will still offer that one for 15 minutes. They offered 30 minute expiries on pairs that you have a good chance of winning if that pair was at 15 minutes. In the options market, a 30 minute expiry is no better than flipping a coin, you pick heads or tails. I was hoping that Bloombex Options would change all that. They still offer the U.S. customer a lot of 15 minute expiries. I really like to invest my money here but I’m having a problem pulling the trigger. I don’t want to deal with another company that gets amnesia when I want to withdraw my money. Has anybody had good withdrawal experience from this company?

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Boris

03/27/2014 16:47

hello, first i like to say thanks for all the usefull info and great school! im a newbie and studiing my brains out!

sorry for my bad english. (not a native speaker)

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osman

12/02/2013 19:24

hi i would like to thank you very much …

for this great information about treading .keep it upthank you

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Edward

11/15/2013 04:51

I have been following your insights for about 3 weeks and have found it helpful in my quest for trading in the “Binary Format,” What I seek is a simple formula/format to do so,plus a broker which I assume is StockPair. Any reply would be appreciated. Thanks for what I have learned already. Look forward to your insight.

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David

11/02/2013 00:32

Hi guys&gals!

I Always find Your reviews and content very insightfull rich informal and being usefull and plz keep on informing uss about all the binaries out there that suck/dont suck!Kindest regards sincerely

David

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Barry

07/01/2013 16:08

With the evolution of manual Binary Options trading to fully automated trading, you should seriously start a new category for fully automated trading. This is where we can rant and rave about automated scams and software that does work. This way we can warn others of software that do not live up to their claims and compare results between the ones that does work.

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samiam

03/29/2013 23:44

great site great info ….thanks guys

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rick

12/30/2012 21:44

how many brokers probably do a point spread (in pips) that lean towards their favor making one lose a lot more often ?

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Ammeo

12/27/2012 08:13

Nice site for Binaries..esp to chk out brokers reviews…

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Jason

12/15/2012 04:56

Great site! Do you have any info/reviews on Markets World (binary options)? Thanks!

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muneeb

11/24/2012 20:54

IS IT REALLY WORTH TO INVEST IN THIS FIELD?

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Pat

11/08/2012 21:04

just trying to find info of what is best way when you withdraw money to my acc’t. I’m new to this any suggestion will be helpfull.Thanks. this site has anwered alot of questions for me great job.

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Philipp

10/28/2012 18:06

THIS IS THE BEST WEBSITE FOR NEW BINARY OPTIONS TRADERS!

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Carroll

10/21/2012 12:48

You really should be a part of a contest for one ofthat the highest quality web sites on-line. I’ll suggest this site!

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Shaun

07/01/2012 07:44

Thanks Martin, Truth is a hard quality to find on this crazy planet especially in the trading platforms. Much appreciated for trying to keep them honest. yours in appreciation Shaun

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Dawn Waller

06/26/2012 00:21

Oh I almost forgot to mention, and about the binary option tools; “awesome” referrals with great reviews.

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Dawn Waller

06/26/2012 00:12

Good day to you :-) I just wanted to thank you; finally I found someone to help me and answer all of my questions without it costing me money. Two companies I was just about to invest in and after reading your article I did not. I was trying to add your site to my facebook however, I could not. Well anyways thank you again for useful information and I hope you have a beautiful day and as you said without worries. Dawn :-)

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Garry Conanan

06/20/2012 19:07

Keep up the good work Martin. You are a big help for people who wish to invest and beginners in Binary by giving them enough relevant and helpful information. All the best!

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Anne

04/23/2012 05:04

i guess by having a chat with the customer service representative of the broker helps, like on my experience a while ago, he was helpful regarding my inquiries, on how to make deposits, the system yet when i just asked a simple question regarding their office address in the United States he have left me in limbo. Another thing when i google the name of the customer service representative he does’nt seem to exist. Are we having an alien invasion in Binary Options? More power Martin, keep it up!

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site prezentare

04/09/2012 14:38

Its like you read my mind! You seem to grasp a lot approximately this, such as you wrote the e-book in it or something. I think that you simply can do with a few percent to power the message house a bit, but instead of that, that is magnificent blog. A fantastic read. I will certainly be back.

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Michael

03/21/2012 23:59

hey, very good post, but could you write a post on how binary options brokers make there profits am interesting in investing in a broker but i need to know how they make their profits fist

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alcachofa

03/20/2012 05:06

I have to say that for the past few of hours i have been hooked by the amazing posts on this site. Keep up the great work.

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Fred

02/29/2012 06:43

I came across option trading through someone who contacted me through my e-mail. But on further checking I found that all the brokers he is intrducing me to are in your list of scammers.I found the same thing in the internet through some people whom I considered to be some clients who might have been scammed by the same brokers.Keep your good work of exposing these cheaters.

Thanks,Fred

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Robyn Purdom

12/23/2011 12:26

I have to express my passion for your generosity in support of men who require help on this one issue. Your personal commitment to getting the solution around ended up being astonishingly interesting and have consistently helped many people much like me to arrive at their aims. The useful key points entails much to me and even more to my peers. Regards; from each one of us.

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Alphonse Batzli

11/03/2011 10:09

Your article is so great, I do really appreciate it. It is informative and well-written. Keep posting!

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Ardelia Esterbrook

10/14/2011 06:31

You really make it seem so easy with your presentation but I find this matter to be actually something that I think I would never understand. It seems too complex and extremely broad for me. I am looking forward for your next post, I’ll try to get the hang of it!

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